Mutiara Homes

Mutiara Homes is an exclusive gated and guarded residential enclave nestled in the affluent township of Mutiara Damansara. It is surrounded by lush greenery as well as superb amenities. It is part of the Mutiara Damansara development by Boustead Properties on the 360-acre freehold land.Mutiara Homes was launched back then in November 2000 using balloting system. The residential comprises 461 of 2-storey terrace houses, 40 units of 2-storey semi-detached and 18 units of 2-storey bungalow. Besides that, there are 10 units of 2-storey shop office lot to serve the residents. Residents of Mutiara Homes are pampered with fantastic amenities right from front of their doors. It is surrounded by plenty amenities, such as shopping malls, police station and a recreational park. Undoubtedly, Mutiara Damansara is well-known for its shopping centres – The Curve, e@Curve (formerly known as Cineleisure Damansara), Ikano Power Centre (IPC), IKEA and Tesco Damansara. In addition, the enclave is surrounded by many affluent neighborhoods such as Damansara Perdana, TTDI, Bandar Utama and Damansara Utama. The nearest schools are located in Bandar Utama and Taman Tun Dr Ismail. There is also a proposed primary school to be located in the enclave. Mutiara Homes can be easily accessible via Lebuhraya Damansara-Puchong (LDP), Penchala Link and North-Klang Valley Expressway (NKVE). Moreover, there will be a LRT station to be built next to Surian Tower.

Property Details

Name: Mutiara Homes

Address: PJU 7, Mutiara Damansara, 47820 Petaling Jaya, Selangor

Developer: Mutiara Rini (a subsidiary of Boustead Holdings)

Completion Date: 2012

Type: Mixed Residential

Tenure: Freehold

No. of Units: 519

Land Area: About 300 acres

Maintenance Fee: From RM130

Launch Price: From RM730,000

Subsale Price:

Rental:

Facilities

Food court

Community hall

Kindergarten

Playground

Recreational park

Jogging track

Market Trends

Analysis

There are 7 phases throughout the entire development of Mutiara Homes. The completed ones are Phase 1C, 1E and 1G, while future launches are Phase 1F, 10, 1D and 1C(2)B. Phase 1C(2)B comprises 4 units of 2-storey bungalow and 5 units of 3-storey bungalow. The land sizes for the 2-storey bungalows are ranging from 9,372 sf to 11,717 sf with built-up area of 4,377 sf. Meanwhile, the 3-storey bungalow has land sizes range from 4,050 sf to 4,556 sf. Each bungalow is built with 4 bedrooms, a guest room and a maid's room with 6 bathrooms and a powder room. Its special features include auto gate, solar heater, security alarm system, 3-phase electricity supply and ASTRO ready. Each unit has different layout. As for Phase 1F, it comprises a unit of 2.5-storey bungalow, 34 units of 2-storey semi-detached house and 19 units of 3-storey super link houses. The 2½-storey bungalow has built-up area of 5,479 sf with land size of 69x100. The 2-storey semi-detached has land size of 40x 100 with built-up sizes range from 4,069 sf to 4,112 sf. Each comes with 4+1 bedrooms and 5 bathrooms with a powder room. Meanwhile, the 3-storey super link house has built-up areas range from 3,810 sf to 4,220 sf on 26x95 land size. Each comes with 5+1 bedrooms and 6 bathrooms. Phase 10 of Mutiara Homes consist 79 units of 2-storey link houses and 44 units 2-storey detached house. The 2-storey super link house has land size of 26x80 and built-up areas from 2,478 sf to 2,715 sf. There are 4+1 bedrooms and 4 bathrooms per unit. The 2-storey detached house has land size from 43x 100/110 with built-up area of 3,782 sf. Each house is built with 5+1 bedrooms and 6 bathrooms. Currently, the developer of Mutiara Homes is promoting its last residential development in Mutiara Damansara called Surian Residences. It comprises two blocks of 23 and 25 storeys each and low rise units. It is priced around an average of RM600 psf. Even though Mutiara Homes seems to be overpriced nowadays, but the million dollar tag prices are still attractive to home buyers and investors. It is loved by many because of the modern amenities and lush greenery surrounding it. But at the same time it is hated because of commercial developments in the area have made the area crowded at most times.